---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-056618"
form_type: "8-K"
ticker: "PDLB"
cik: "0001874071"
company_name: "Ponce Financial Group, Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:59:34.392018+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Ponce Financial imposes trading blackout on execs/directors due to 401(k) plan transition

## Summary
- Blackout begins Nov 15, 2023 at 4pm ET and ends week of Dec 18, 2023.
- Caused by transition of 401(k) plan administrator from Pentegra to Empower.
- Directors and executive officers prohibited from trading company equity securities acquired in connection with service.
- Exemptions include 10b5-1 plans and bona fide gifts; violations may require disgorgement and penalties.
- Routine procedural blackout; no impact on company operations or financials.

## SEC filing metadata
- accession: 0000950170-23-056618
- form_type: 8-K
- ticker: PDLB
- cik: 0001874071
- company_name: Ponce Financial Group, Inc.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874071/000095017023056618/0000950170-23-056618-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874071/000095017023056618/pdlb-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-056618
- JSON: https://secwatch.observer/filing/0000950170-23-056618.json
- Plain text: https://secwatch.observer/filing/0000950170-23-056618.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.